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USD/CHF Price Analysis: Rallies back above 0.9250 reclaim the 20-DMA as bull’s eye the 50-DMA

Christian Borjon Valencia  |  03/02/2023 21:02

The USD/CHF is surging sharply during Friday’s North American session, as Wall Street is set to finish the last trading day of the week with losses. T

USD/CAD Price Analysis: Gains traction and tests the 100-day EMA at around 1.3410

USD/CAD climbs in the North American session after hitting a daily low of 1.3311 before Wall Street opened. Nevertheless, a strong US jobs report bols03/02/2023 20:33

GBP/USD collapses to new 4-week lows at 1.2059 after robust US economic data

GBP/USD nosedives and extended its losses past the 50 and 200-day Exponential Moving Average (EMA) on Friday after a surprisingly strong jobs report f03/02/2023 19:05

United States Baker Hughes US Oil Rig Count fell from previous 609 to 599

United States Baker Hughes US Oil Rig Count fell from previous 609 to 59903/02/2023 18:01

US: Despite the rebound, the breadth of services expansion has still slowed – Wells Fargo

The ISM Service PMI released on Friday showed the index rose back above 50, into expansion territory. Analysts at Wells Fargo, point out that after ju03/02/2023 16:30

EUR/GBP: Poor UK fundamentals to be a drag on the Pound – Rabobank

Strategists at Rabobank point out that the change in the Bank of England’s language favours the doves, they see scope for further rate rises. They con03/02/2023 16:18

US: FOMC will be cautious in reading too much into the magnitude of January's NFP – Wells Fargo

The data published on Friday by the US Bureau of Labor Statistics (BLS) showed that Nonfarm Payrolls rose by 517K in January, well above market consen03/02/2023 16:07

WTI climbs above $77.00 and forms a bullish engulfing candle as bulls eye the 20-DMA around $78.40

The US crude oil benchmark, known as Western Texas Intermediate (WTI)., jumped after the release of a solid job report in the United States (US), thou03/02/2023 16:01

Gold Price Forecast: Upside risk to XAU/USD forecast of $1,850 at year’s end – Commerzbank

Gold price surged by $30 immediately after the Fed’s meeting on Wednesday evening and reached $1,960 the following day. Economists at Commerzbank see 03/02/2023 15:51

Silver Price Analysis: XAG/USD tumbles to eight-week lows, worst week since October

Metals extended the sell-off after the US official employment report. Silver hits fresh monthly lows near $22.50 and is having the worst day in months03/02/2023 15:42

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